Economy
China Reports 23% Increase In May Rare Earth Exports Despite Export Restrictions
China’s rare earth exports of all kinds jumped 23% last month, compared to April at a record...
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Japan Plans to Join Hands on Rare Earth with US After China Limits Exports
Japan has been pressuring the US to reconsider its tariff policy, particularly the 25% import tariffs...
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Indonesia Should Adopt EVs over its Pricey Methanol Plant Project, Experts Advise
Indonesia planned to build a methanol plant to increase energy production using local coal and plant...
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Brazil To Source $6.2 Billion From Oil Industry To Meet Fiscal Goals
Brazil’s energy ministry disclosed that some of these measures include selling oil exploration licenses and reviewing...
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Nvidia-Dell To Provide US Energy Department New Supercomputer Amid National Security Concerns Over Nvidia’s Business
The Nvidia CEO, Jensen Huang, who was present at the event, emphasised that the supercomputer is...
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IMF Commends Egypt’s Economic Progress But Advises A Wider Tax Base
Egypt was forced to seek assistance from the IMF last year after being plagued with high...
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Australia’s Biggest LNG Plant Receives Backlash to Operate until 2070
Woodside Energy claims that the LNG plant would act as a “secure and reliable energy source”...
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China’s Industrial Profits Increase Due To Stimulus Package, But Trade Risks Remain Constant
Data released by China’s National Bureau of Statistics (NBS) showed that industrial profits increased 1.4% between...
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VietJet Orders 20 New Jets From Airbus
While no details regarding the costs or delivery schedules were disclosed, VietJet said that this new...
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EU Proposes to Ban Russian Gas Imports By the End of 2027
The EU did not suggest a ban on Russian gas and LNG imports, but imposed tariffs...
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